Union Budget 2026: FM Sitharaman Unveils Record 9th Budget for Viksit Bharat

Budget
M
Moneycontrol•01-02-2026, 12:51
Union Budget 2026: FM Sitharaman Unveils Record 9th Budget for Viksit Bharat
- •FM Nirmala Sitharaman presented her 9th consecutive Union Budget 2026-27, focusing on inclusive growth and a Viksit Bharat vision.
- •Key fiscal measures include net tax receipts of Rs 28.7 lakh crore, a budget size of Rs 53.5 lakh crore, and a fiscal deficit target of 4.3% of GDP.
- •Major infrastructure plans include 7 high-speed corridors, an East Coast Industrial Corridor, and Rs 40,000 crore for electronic manufacturing.
- •Significant outlays for education, research, and healthcare, including the Biopharma SHAKTI scheme and upgrades to medical and hospitality institutions.
- •Focus on agriculture, environment, tourism, and social welfare with schemes for high-value crops, carbon capture, tourism hubs, and girls' hostels.
Why It Matters: FM Sitharaman's 9th Budget outlines a comprehensive plan for economic growth, infrastructure, and social welfare.
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